Civil-law Foundation with Legal Capacity

The foundation shall exclusively and directly pursue purposes aimed at advancing the public benefit within the meaning of the “Tax-privileged purposes” section of the German Tax Code. The Foundation shall operate for the public good, its main interest shall not lie in the pursuit of its own commercial advantage. No legal entity or person shall benefit from expenses which are ultra vires to the Foundation’s purpose or from excessively high remuneration, support or grants.

The Foundation Supervisory Authority is the Government of Upper Bavaria, Munich.